A 1 percent increase in the price of fluid milk will increase prices across the board for dairy products, such as butter and cheese.

Another food item expected to go up is wheat, affecting the prices of items such as cereal and bread.

Perhaps the most pain will be felt by chocoholics, due to the rising price of butter. One commercial chocolatier told the Los Angeles Times that it raised prices as much as thirty to forty percent last year due to the rise.

Although beef, dairy, bread, cereal, and chocolate will be more costly in 2014, there is one bit of good news: The price of corn is falling.